Bill Ackman - Pershing Square Capital Management 13F Activity & Position Changes (Q3 2019)

According to the SEC 13F filed on May 15, 2026, the Pershing Square Capital Management portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2019. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2019, the filing reported:

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date Symbol Type Change Qty
Q3 2019
ADP
Automatic Data Processing, Inc.
Sell - Position Exit
-4,029,526
Q3 2019
BRK-B
Berkshire Hathaway Inc. New
Buy
+502,597
Q3 2019
CMG
Chipotle Mexican Grill, Inc.
Sell
-58,400
Q3 2019
HLT
Hilton Worldwide Holdings Inc.
Sell
-409,446
Q3 2019
LOW
Lowe's Companies, Inc.
Sell
-287,323
Q3 2019
QSR
Restaurant Brands International
Sell
-556,761